Borgata already gets $10 mil from Phil Ivey. They want $10 million more from the card manufacturers tho https://www.njgamblingsites.com/8390/borgata-gemaco-baccarat-suit/ …
Two reasons. 1) Alternate theory of recovery if Ivey wins appeal. 2) Source of funds if Ivey loses appeal but can't pay full judgment.
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So in the Ivey suit, they said $10.1 mil bc he won at craps w/ Baccarat money. Is Gemaco capped at $9.6 mil?
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Good question. Damages must be reasonably foreseeable in tort case. Depends what a jury thinks. - 2 more replies
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If Borgata gets full recovery from Ivey, then Gemaco's negligence (if any) did not cause any damages.
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